Business
Issuance of Units by SHREM InvIT on a Private Placement basis
Link Legal recently advised the book running lead manager, being ICICI Securities Limited, on the structuring and issuance of units by SHREM Infrastructure Investment Trust (“Shrem InvIT”) on a private placement basis, which is one of the first issuances by a road sector InvIT with a large portfolio of operating assets (24 assets) with projects panning across all four delivery models of PPP (i.e., HAM, Annuity, Toll, Toll & Annuity).
The Link Legal team comprised, Partners, Milind Jha and Namita Das, Associate Partners, Jimit Shah and Aditya Bhardwaj, Principal Associate, Shailender Sharma and Associates, Tamilarasi Mudaliar, Aditya Sinha, Aashna Batra and Dewang Khandelwal.